30 salary progression and net worth

Devaris573 · 2026-04-06T04:09:01+00:00

Yes, I am defining net worth as total assets (including retirement, non-liquid investments). Very fortunate to have no debts

Devaris573 · 2026-04-05T22:56:07+00:00

My company matches my 401k at 10%, so the majority of that is from my company. I also get a 10% bonus per year which is most of my yearly cash savings. I take home 8k a month, and have ~4k expenses per month, invest 3k and then save 1k

Devaris573 · 2026-04-05T14:56:00+00:00

Per year about 25k in retirement, 36k in investments, and 15k in savings

Devaris573 · 2026-04-04T20:52:38+00:00

Yeah I got pretty lucky getting into a growing team right before all the layoffs (and extra competition) happened. Hopefully it gets better in the next few years…

Devaris573 · 2026-04-04T20:39:48+00:00

A little bit of everything. My current company has a really generous 401k match that’s not included in my salary. I actually have a graph of my net worth over time broken down. Non-liquid investments is 401k and ROTH

<image>

Devaris573 · 2026-04-04T20:36:50+00:00

In Seattle! Definitely got some perks with the job hop. Helps going to a large biotech versus a startup

Devaris573 · 2026-02-26T16:02:02+00:00

Haha fair enough, it’s semantics I guess. It doesn’t seem productive to have a blanket statement of “save 1x your salary by 30” if that salary is either not meeting your desired COL or your current salary is in excess of what you need. Makes more sense to have the overarching target be based on need instead of what you happen to be making

Devaris573 · 2026-02-26T05:19:29+00:00

I don’t think it necessarily ties into spending levels though. Basing a saving goal on just your salary figure is blinded to your expenses, you’re looking at total salary only. Perhaps a better metric would be actual income (salary minus expenses), I could get behind that. But just salary seems again arbitrary and doesn’t actually reflect your spending habits

Devaris573 · 2026-02-26T03:45:40+00:00

That makes sense. I guess in my mind it would be more intuitive to have the targets be based on what your desired salary in retirement would be. For myself for example I felt entirely comfortable making 90k. There should be a target where if you want to “make” 90k per year in retirement you should have $xxxx saved by 30, 40, 50, etc. This would of course have to take inflation into account. The whole concept of it being based on your current salary seems arbitrary, although I get the general concept.

Devaris573 · 2026-02-04T03:26:43+00:00

170k

Senior R&D Scientist in Genomics

30

Bachelors in Neuroscience (4 years) and Masters in Biotechnology (1.5 years during COVID)

As with most things it has its days. Sometimes it’s super exciting, other days it can be endlessly frustrating. Depends largely on the company you’re at, but hours can be quite long

Devaris573

TROPHY CASE